Industries > Energy > Global Blockchain in Energy Market Report 2019-2029

Global Blockchain in Energy Market Report 2019-2029

Analysis by Component (Platform, Services), by Type (Private, Public), by Application (Energy Trading, Grid Management, Payment Schemes, Supply Chain Management), by End User (Power, Oil & Gas), Company and Country Analysis and Forecasts

PAGES: 189
PRODUCT CODE: ENE0198
SUBMARKET: Smart Grids

DOWNLOAD FREE SAMPLE
Clear
WOOCS 2.2.1
SKU: ENE0198 Categories: , Tag:

Market Definition:
• Blockchains in energy is potential in bringing efficiency and reliability into the value chains of several industries such as power sector.
• Blockchain offers an efficient, secure and possibly cost-effective way to manage transactions through a decentralized tamper proof ledger system.

Market Overview and Trends
• Blockchain technology in energy is being used to create transactive energy platforms allowing secure peer-to-peer (P2P) trading of power within communities.
• Cryptography ensures security and data integrity, while privacy remains intact.
• Blockchain enables system operators of distributed generation to optimize grid operation by managing all connected devices through automated smart contracts, enabling flexibility and real-time pricing.
• Blockchain also empowers consumers by enabling them to monetize their excess electricity by securely recording data and sending and receiving payments automatically.

Market Dynamics:

Factors Influencing the Market Growth:
• Significant rise in traction of the block chain technology in the energy sector.
• Surge in security concerns across the globe.
• Low Cost of Bandwidth and Computing

Factors Restraining the Market Growth:
• Lack of regulatory standards and uncertain regulatory landscape
• Concerns related to the authenticity of users

Market Segmentation 2019-2029:

Type
• Private Market
• Public Market

Component
• Platform Market, 2019-2029
• Services Market, 2019-2029

Application
• Energy Trading Market, 2019-2029
• Grid Management Market, 2019-2029
• Payment Schemes Market, 2019-2029
• Supply Chain Management, 2019-2029

End User
• Power Market, 2019-2029
• Oil & Gas Market, 2019-2029

Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Middle East Market, 2019-2029
• Africa Market, 2019-2029

Competitive Analysis:
• Being a new technology, there are very few companies operating in the Blockchain in Energy Market.
• Companies are strategically expanding their global presence and offering improved Blockchain in Energy technology across various sectors. For instance, LO3 Energy and Siemens have collaborated on the Brooklyn Microgrid Project which empowers residents to produce via rooftop solar, transact via the platform and consume as needed.

Major Market Players:
• Accenture, AWS, Bigchaindb, BTL., Deloitte, Grid+, IBM, Infosys, Microsoft, and Oracle is also provided in this report.

Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6

Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

Download sample pages

Complete the form below to download your free sample pages for Global Blockchain in Energy Market Report 2019-2029


Download sample pages

Complete the form below to download your free sample pages for Global Blockchain in Energy Market Report 2019-2029


Latest Energy news

Visiongain Publishes Geothermal Power Market Report 2021-2031

Low operating costs associated with geothermal electricity generation drove the market during the historic period. Low operating costs associated with geothermal power encouraged many companies to invest in this market, contributing to the market growth.

06 January 2021

READ

Visiongain Publishes Flywheel Energy Storage Systems Market Report 2021-2031

High demand for long lasting, reliable, and ecologically sound energy storage systems to support advanced energy storage applications is expected to drive the demand for FESS. FESS is anticipated to witness high traction in electric vehicle application over the coming years, on account of its high power density, faster charging and low environmental impact.

11 December 2020

READ

Visiongain Publishes Tire Derived Fuel (TDF) Market Report 2021-2031

The comprehensive report offers market estimation and forecast for the period ranging 2021-2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of global tire derived fuels.

11 December 2020

READ

Visiongain Publishes Oil & Gas Pipeline Leak Detection Market Report 2021-2031

The COVID-19 crisis has dramatically affected oil and gas production and demand, leaving no midstream markets untouched as drilling screeched to a halt, pipeline projects were sidelined and global storage neared capacity in a stark reversal of trends at the start of 2020.

25 November 2020

READ

Categories

Category